The US e-commerce giant Amazon Web Service is to invest £8 billion ($10.45 billion) over the next five years in the UK to build AI and cloud infrastructure.
Amazon is said to invest £8 billion in the UK to create more extensive cloud computing and AI infrastructure in the UK via AWS. In return, this will dramatically boost the UK’s technology sector, and it is also expected to add an estimated £14 billion to the economy and create around 14,000 jobs every year in local businesses.
The investment will focus on building and operating data centers across the UK to keep up with its rapidly growing demand for cloud computing services. These would include most of the key UK enterprises and public sector organizations, such as easyJet, NatWest Bank, and Sainsbury’s supermarket, among others. Amazon’s commitment also cuts across increasing its green energy projects across the UK, with the inclusion of unleashing new renewable energy projects without public subsidy.
This strategic expansion follows recent investments by Amazon in other European countries and is part of the wider effort to increase its technological footprint globally. UK officials hailed this move as a pivotal moment for the country’s digital and economic future, underscoring its role of driving innovation and productivity across a number of sectors.
